The horror becomes real when the actual killer returns to the cloakroom to retrieve a dropped item: a graduation ring that could incriminate him. Finding Frankie there, the killer attempts to strangle him, leaving the boy for dead.
In the small, autumnal town of Willowpoint Falls in 1962, the story of Lady in White begins as a childhood memory recounted by an author named Frank Scarlatti.
Frankie survives the attack and, while recovering, realizes he has gained a spectral companion in Melissa’s ghost. He begins to investigate a series of unsolved child murders in the area, discovering that Melissa was only one of many victims. Lady in White (1988) - Plot - IMDb